Skip to main content

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model


Ciena Corporation



) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day up 0.4%. By the end of trading, Ciena Corporation rose 26 cents (1.6%) to $17.06 on light volume. Throughout the day, 4.4 million shares of Ciena Corporation exchanged hands as compared to its average daily volume of six million shares. The stock ranged in a price between $16.75-$17.18 after having opened the day at $16.86 as compared to the previous trading day's close of $16.80. Other companies within the Telecommunications industry that increased today were:

RIT Technologies



), up 13.2%,

Ubiquiti Networks



), up 8.7%,




), up 8.4%, and

UniTek Global Services



), up 7.6%.

  • ACTIVE STOCK TRADERS: Check out TheStreet's special offer for Real Money, headlined by Jim Cramer, now!

Ciena Corporation provides equipment, software, and service solutions that support the transport, switching, aggregation, and management of voice, video, and data traffic on communications networks worldwide. Ciena Corporation has a market cap of $1.67 billion and is part of the


sector. Shares are up 38.8% year to date as of the close of trading on Monday. Currently there are 14 analysts that rate Ciena Corporation a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates Ciena Corporation as a


. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we find that the company's profit margins have been poor overall.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the telecommunications industry could consider

iShares Dow Jones US Telecom



) while those bearish on the telecommunications industry could consider

ProShares Ult Sht Telecommunication